beeandhc- I had email contact and fwd it to my friend 01
He talked with him, he honey coated us 'excellent analysis, spreadsheet, etc' and wanted to continue the dialogue a bit. He also defended the raise of course, which is also valid. The email and call happened on 6/14 before the last micro raise. Thereafter he didn't continued the the dialogue, for whatever reason.
Again, all this shall not really matter regarding evaluation and is speculation regarding how they may raise capital. That's all. We always knew that they always need more capital to complete reaching our value price point. If some retail thinks it is helpful to sell to lower the SP, so be it, that's the market. May demand trickle in by more value based investors. We will see, supply and demand.